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There are no rent control laws in Arkansas. However, the state does not allow local municipalities, counties, cities or township to enact, enforce, or maintain any ordinances designed to control the rent amount charged by landlord for rent on private residential property (Ark. Code Ann.
How Do I Tell My Tenant I Need to Raise the Rent? Remember youre a business. Do your research. Raise the rent all at once or incrementally. Dont negotiate or ask tenants what they think a fair rent increase would be. Be courteous and firm. Find a template you like. Send a formal letter by certified mail.
Unlike other states, Arkansas is considered a heavily landlord-friendly area. It doesnt impose many regulations for Arkansas landlords, meaning that they may manage their rental agreement as they please.
Arkansas landlords cannot raise the rent during the term of a lease unless the lease specifically allows them to do so. Arkansas law does not specify how much notice landlords must give to raise the rent in a month-to-month tenancy.
Arkansas landlords cannot raise the rent during the term of a lease unless the lease specifically allows them to do so. Arkansas law does not specify how much notice landlords must give to raise the rent in a month-to-month tenancy.
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Landlord Friendly-States Classification Georgia. Arizona. Texas. West Virginia. Florida. North Carolina. Kentucky. Louisiana. The large rental market of this state gives plenty of options for landlords trying to find good tenants that pay their rent on time and take care of the properties you provide for them.
The Tenant Protection Act of 2019 (AB 1482) restricts rent increases in any 12-month period to no more than 5% plus the percentage change in the cost of living (CPI), or 10%, whichever is lower. For increases that take effect on or after Aug. 1, 2022, due to inflation, all the applicable CPIs are 5% or greater.
Dear {Tenants Name}, Thank you for entrusting us with your valuable tenancy. This Notice is to advise you that the [$ monthly rent amount] monthly rent for the unit you now inhabit, [Unit Number] at [Property Address], will rise to [$ New Monthly Rent] per month commencing on [Date of Rent Increase].
One of your important tenants rights is to a habitable residence. This means that the home must be safe to live in, without dangerous conditions and with usable heat, utilities, and water. Your landlord is required to make any necessary repairs to keep your unit in reasonable condition while you live there.
How To Write A Rent Increase Notice (With Sample Letter) Review your state notice period. Consider factors that justify rent increases: Follow the less is more rule. Let them know the rent increase notice is not a punishment. Use neutral language. Request confirmation from the tenant.

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